BMO takes Canadian Large Cap fund in-house

BMO Investments has announced that BMO Asset Management Inc. will take over the management of the BMO Guardian Canadian Large Cap Equity Fund, effective on or about June 8, 2012, replacing Guardian Capital LP.

“The changes we’re making enable BMO to offer clients a unique product that meets their investment needs by combining the strengths of quantitative and fundamental analysis to find the best opportunities in the market,” said Hugh McKee, president and COO of BMO Investments Inc.

The investment strategies of the fund and of BMO Canadian Large Cap Equity Class, which invests primarily in units of the fund, will be revised to describe the fundamentally-based quantitative model that will be used by the new manager.

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